but from previous experiences like this, the feature set has to be robust at the start or I think adoption will suffer.

By dropping or reducing or postponing the least importantparts, we can unblock ourselves and move forward even when timeis scarce.

How to Create a Minimum Viable Product (MVP): Best Examples and Key BenefitsDmitryCEOMVPProduct GuideHomeBlogEntrepreneurshipHow to Create a Minimum Viable Product (MVP): Best Examples and Key BenefitsPublishedFeb 14, 2019UpdatedNov 26, 202139 min readAs an entrepreneur, you may eventually come to the point of planning a startup and launching your software product. Initially, you only have the idea of the project. What’s next? MVP development for startups is something that will help you at the beginning. You will learn what it is from this article. But first, some statistics. In 2020 the failure rate of startups exceeded 90%. And Euler Hermes’ latest research is even more disappointing. It shows that the number of global business bankruptcies will have increased by 15% by 2022. Can you guess what the reason is? It is a lack of demand among the users in the market. That’s why when you have a brilliant idea, do not rush building a fully-featured product and spending months on hard work. There’s a more efficient way to initially understand whether your idea will be required in the market. And this implies developing a minimum viable product (MVP). This popular approach in startup product development will help you test your business idea and save both time and resources. This way, you understand what users need and can create an offering that they are ready to pay for. Thanks to this article, you will know how to define a minimum viable product. You will also learn all about the MVP approach. We will start with the definition of this term and take a look at the best minimum viable products built by famous companies. Finally, we will provide you with a step-by-step guide on how to create a minimum viable product.

Avoid These Costly Mistakes During Web Application DevelopmentDmitryCEOCustom SoftwareHomeBlogTechnologyAvoid These Costly Mistakes During Web Application DevelopmentPublishedJan 16, 2020UpdatedJan 16, 202015 min readAccording to the Startup Genome Report, over 90% of startups fail after launch. There can be different reasons like skipping the market research, hiring wrong specialists, too early scaling, and so on. However, one of the most important elements of startup success is the product you provide. Neglecting estimates, avoiding the MVP stage, designing unnecessary functionality, and saving time on testing may become fatal errors that can result in a complete failure. In this article, we will tell you about the most costly mistakes you should avoid during web app development to succeed after product launch.

POC vs MVP: What to Choose to Build a Great ProductDmitryCEOMVPHomeBlogEntrepreneurshipPOC vs MVP: What to Choose to Build a Great ProductPublishedNov 10, 2021UpdatedNov 11, 202115 min readWhen it comes to creating a new product or implementing a new feature, you need to test it first. The best way to do so is to check your idea with the appropriate steps. There are several software product stages: PoC, prototype, MVP, etc. What is the difference between proof of concept vs. MVP? Why are these stages essential? When should you build a Minimum Viable Product? This article focuses on two fundamental approaches that help test your idea quickly and create a successful solution.

“minimum viable paper” (MVP) – similar to the corporate world’s minimum viable product